Data Centers — CapEx
American Tower Data Centers — CapEx decreased by 8.9% to $226.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 74.8%, from $129.30M to $226.00M. Over 4 years (FY 2021 to FY 2025), Data Centers — CapEx shows an upward trend with a 303.9% CAGR.
Analysis
How to read this metric
Higher capital expenditures signal aggressive growth or facility modernization, whereas lower expenditures may indicate a focus on maximizing returns from existing assets or a slowdown in expansion.
Detailed definition
This metric measures the cash outflows used to acquire, upgrade, or maintain physical data center assets, including powe...
Peer comparison
Similar to capital intensity metrics found in pure-play data center operators and infrastructure-heavy technology firms, indicating the pace of capacity scaling.
amt_segment_data_centers_capital_expendituresHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $625.00K | $625.00K | $625.00K | $88.43M | $88.43M | $88.43M | $88.43M | $107.03M | $107.03M | $107.03M | $107.03M | $121.10M | $84.70M | $211.30M | $127.90M | $129.30M | $95.00M | $192.90M | $248.00M | $226.00M |
| QoQ Change | — | +0.0% | +0.0% | >999% | +0.0% | +0.0% | +0.0% | +21.0% | +0.0% | +0.0% | +0.0% | +13.2% | -30.1% | +149.5% | -39.5% | +1.1% | -26.5% | +103.1% | +28.6% | -8.9% |
| YoY Change | — | — | — | — | >999% | >999% | >999% | +21.0% | +21.0% | +21.0% | +21.0% | +13.2% | -20.9% | +97.4% | +19.5% | +6.8% | +12.2% | -8.7% | +93.9% | +74.8% |
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Frequently Asked Questions
- What is American Tower's data centers — capex?
- American Tower (AMT) reported data centers — capex of $226.00M in Q1 2026.
- How has American Tower's data centers — capex changed year-over-year?
- American Tower's data centers — capex increased by 74.8% year-over-year, from $129.30M to $226.00M.
- What is the long-term trend for American Tower's data centers — capex?
- Over 4 years (2021 to 2025), American Tower's data centers — capex has grown at a 303.9% compound annual growth rate (CAGR), from $2.50M to $665.20M.
- What does data centers — capex mean?
- The amount of money spent on acquiring or improving data center facilities and infrastructure during a specific period.